NSW Premier Chris Minns has thrown his weight behind Tech Council of Australia calls for rule changes that would enable a greater share of superannuation funds to be invested in venture capital.
Speaking at the National Tech Summit in Sydney on Tuesday, Mr Minns said the tech sector was already a pillar of the Australian economy that produced 9 per cent of economic output and employing a million workers.
But despite having produced 20 unicorns in 20 years, he said “if we are completely honest with ourselves and we factor in all of our advantages, I don’t think we’re where we could be.”
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